Covenant Wealth Advisors
Firm details
- Headquarters
- Richmond, Virginia
- CRD number
- 155221
- Registered since
- March 22, 2019
- Custodians
- FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees
- Client types
- HNWI86.13%
- Individuals13.5%
- Pension & Profit Sharing Plans0.37%
- Services
- Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers
Firm profile
FINTRXOverview
Covenant Wealth Advisors is an independent Registered Investment Adviser organized as an LLC. The firm is SEC-registered (registration year 2019) and is owned by an individual principal. It bills itself as a capital allocator serving both individual/family and institutional clients and offers a mix of fee arrangements including a percentage of assets under management, hourly charges, and fixed fees. Core advisory services include financial planning, portfolio management for individuals and small businesses, pension consulting, and the selection of other advisers. The firm does not identify as an active ESG investor. Covenant Wealth Advisors was listed among FA Magazine’s Top RIA Firms in 2020.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities53%
- Public Funds/Mutual Funds39%
- US Government Bonds3%
- Cash & Cash Equivalents2%
- State & Local Bonds1%
Owners & executives
FINTRXContacts
FINTRXWealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 119Active vs passive
$648M in ETFs
53%
$346M
44%
$302M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| DIMENSIONAL US CORE EQUITY MARKET ETF (DFAU) | Dimensional | Active | Large Blend | $42.9M | 819,858 | 6.62% |
Location
Richmond, VA
Henrico
Location
Richmond, VA
Headquartered in Richmond, VA, in the South of the United States.
- Region
- South
- County
- Henrico
- Address
- 8001 Franklin Farms Dr
- Time zone
- ET (UTC-5)
- Office locations
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